Economy, asked by itssoniagarg, 5 months ago

x and y are two commodities related in such a way that when the price of y falls the demand for x rises identify relation

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Answered by vanshkumar2481

Answer:

increase in the price of the substitute commodity y would cause increase in the demand for X, implying a forward shift in demand curve for x.conversely, decrease in the price of the substitute commodity y would cause backwards shift in demand curve for X

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